Gold declines as $ firms, Treasury yields charge ahead

collected by :kiven Dixter

Gold futures declined Monday as the $ index tipped higher & benchmark Treasury yields cleared their top standard ever April 2014. The SPDR Gold Shares exchange-traded fund GLD, -0.55% fell 0.5% & the VanEck Vectors Gold Miners GDX, -2.38% eased 0.9%. Rising yields in the unite states tend to make the $ further attractive & could spoil the appeal of nonyielding bullion. Also read: Gold rally brightens the outlook for mining stocksAnd: Are Businessmen selling gold to purchas bitcoin? April platinum PLJ8, -0.60% slid 1% to $1,008 an ounce, When the March palladium contract PAH8, -0.17% fell 0.2% to $1,082.50 an ounce.

Gold prices slip as $ recovers from three year low

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Gold value can smash $10,000 on crashing $ and other factors – Jim Rickards

as informed in A weak America dollar, a possible war among the America & NK or the impeachment of Trump can result in 1 of the longest-ever rallies for gold, according to precious metals specialized Jim Rickards. The reasons for the prediction gold rally are a possible plunge in the dollar, a America war by North Korea, a trade war by China & President Trump's impeachment, he said. These events can push gold prices to $10,000, Rickards said. Gold prices have slumped in recent days after reaching further than a year high of $1,370 final week. But, if gold Information Systems $5,000, then oil Information Systems may $400, & All thing Information Systems double or triple, you're not truly ahead of the game," Rickards said.